Which of the Following Is a Similarity Between Inside Directors

question 43

Multiple Choice

Which of the following is a similarity between inside directors and outside directors of a corporation?

• A) Both are required to be residents of the state of incorporation of the corporation.
• B) Both are officers of the corporation.
• C) Both are a part of the board of the corporation.
• D) Both are non-executive members who are not officers of the corporation.

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Definitions:

Affluent

Refers to individuals or areas that are financially well-off, possessing considerable wealth or resources.

Evolutionary Perspective

A theory in psychology that examines human thoughts and behaviors in terms of natural selection and survival mechanisms.

Biologically Predisposed

Having an innate tendency or susceptibility to certain conditions, behaviors, or responses based on genetic factors.

Offspring

The children or young born to a person, animal, or plant.